LandlordStudio Review - Features, Pricing & Deals

Landlord Studio is a property management software that helps landlords and property managers handle their rental business operations. The platform combines financial tracking, tenant management, and maintenance tools in one central hub.

This software works on both computers and mobile devices, letting users manage their properties from anywhere. Some key features include expense tracking, automated rent collection, and tenant communication tools. Users can scan receipts, connect bank accounts, and generate financial reports to stay on top of their business finances.

For smaller portfolios, there's a free plan that covers basic needs. The paid plans add more features like bank feed integration, unlimited document storage, and connections to accounting software like Xero. The pricing structure scales based on how many units you manage.

While the software offers helpful tools for property management, some features only work in the United States. It's best suited for landlords and property owners who handle smaller to medium-sized portfolios of up to 50 units.

• Comprehensive Income and Expense Tracking: Easily log rent payments, utility costs, and other financial transactions with custom income categories and smart receipt scanning technology.
• Automated Rent Collection: Set up automatic rent reminders, customize email templates, and streamline tenant payment processes with user-friendly digital tools.
• Bank Feeds Integration: Connect your bank accounts to automatically sync financial transactions and simplify accounting management for property investments.
• Advanced Reporting: Generate over 15 accountant-approved reports including profit and loss statements, Schedule E documents, and detailed transaction summaries.
• Lease Management System: Store tenant contact information, track lease details, and manage rental agreements with intuitive digital organizational tools.
• Property Maintenance Tracking: Monitor repair requests, communicate updates with tenants, and keep comprehensive records of property maintenance activities.
• Document Storage Solutions: Import and store critical property documents with unlimited storage options for professional record-keeping and easy access.
• Mileage Tracking Feature: Record property-related travel expenses automatically and integrate them into your comprehensive financial management system.
• Multi-Platform Accessibility: Access your property management tools seamlessly across desktop and mobile devices with user-friendly Apple and Google Play applications.
• Xero Accounting Integration: Sync transactions directly with Xero for enhanced financial reporting and simplified tax preparation processes.

• Free version offers first 3 units free, manual income and expense tracking, online rent collection, maintenance tracking, basic reports, GPS mileage tracker, and mobile app access. Users can unlock unlimited free units by enabling online rent collection for at least one unit.
• PRO version costs $18 per month for the first 4 units, with each additional unit at $1 per month. Alternatively, some sources list it as $15 per month for first 3 units with a 20% annual billing discount.
• PRO plan includes advanced features like multi-user access, automated bank feeds, recurring expenses, unlimited receipt scanning, document storage, advanced reports, automated reminders, Xero integration, full data export to Excel, and in-app data sharing.
• Pricing varies slightly between sources, so users are recommended to check Landlord Studio's official pricing page or contact support for the most current rates and specific unit-based pricing details.

Landlord Studio offers automated rent collection features that save you time and hassle. You can set up automatic rent reminders that notify tenants when payments are due. The system lets you customize email templates for these reminders. If you upgrade to the PRO plan, you can connect your bank accounts directly to track incoming rent payments automatically. Many landlords find this helps them get paid on time more consistently while reducing the awkwardness of having to chase late payments manually.

Yes! Landlord Studio works on both desktop and mobile devices. The mobile app is available for download on both Apple's App Store and Google Play Store. This means you can manage your properties, track expenses, and check tenant information while you're on the go. The app syncs across all your devices, so any updates you make on your phone will show up when you log in on your computer later.

Landlord Studio offers over 15 different accountant-approved reports to help you stay on top of your rental business. You can create P&L summaries, Schedule E forms for tax time, and detailed account transaction reports. All reports can be downloaded or emailed directly from the app. These reports make tax season much easier and give you a clear picture of how each property is performing financially throughout the year.

The Smart Receipt Scan feature lets you digitize paper receipts quickly. Just take a picture of a receipt with your phone, and the app automatically reads important details like the vendor, date, and amount. This information gets entered into your expense tracking system without you having to type it all manually. It's super helpful when you're out buying supplies for your properties or paying for repairs. The PRO plan offers unlimited receipt scanning, while the free plan has some limitations.

Multi-user access is available on the PRO plan. This feature is perfect if you manage properties with a partner, spouse, or small team. Each person can have their own login credentials while accessing the same property information. This makes it easy to share responsibilities like entering expenses, communicating with tenants, or handling maintenance requests. The GO plan (free version) only supports a single user account.